California Public Employees Retirement System Portfolio holdings
The California Public Employees’ Retirement System (CalPERS), established in 1932 and headquartered in Sacramento, California, is the largest public pension fund in the U.S., managing over $510 billion in assets as of late 2024 to provide retirement and health benefits to more than 2 million state and local government employees, retirees, and their families. Operating as a defined benefit plan, CalPERS invests globally across equities, fixed income, real estate, private equity, and infrastructure, guided by a 13-member board and a commitment to sustainable investing and ESG (environmental, social, governance) principles under Chief Investment Officer Ben Meng since 2024. Known for its influential shareholder activism—pushing for corporate governance reforms—CalPERS serves over 3,000 employers, including state agencies and school districts, balancing long-term funding needs with a $100 billion unfunded liability challenge. As a cornerstone of California’s public sector, it blends financial stewardship with a mission to secure retiree livelihoods.
Top Buys
| 1 |
Merck
MRK
|
+$266M |
| 2 |
Becton Dickinson
BDX
|
+$208M |
| 3 |
Apple
AAPL
|
+$188M |
| 4 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$175M |
| 5 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$170M |
Top Sells
| 1 |
Aflac
AFL
|
+$136M |
| 2 |
ONC
BeOne Medicines Ltd. American Depositary Shares
ONC
|
+$68.8M |
| 3 |
UDR
UDR
|
+$64.9M |
| 4 |
IMMU
Immunomedics Inc
IMMU
|
+$40.1M |
| 5 |
Arch Capital
ACGL
|
+$39.9M |
Sector Composition
| 1 | Technology | 22.31% |
| 2 | Healthcare | 14.28% |
| 3 | Financials | 12.51% |
| 4 | Consumer Discretionary | 11.96% |
| 5 | Communication Services | 9.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
551
Wolfspeed
WOLF
$230M
| $28.1M | 0.02% |
265,114
+18,115
| +7% | +$1.92M |
|
552
Whirlpool
WHR
$5.25B
| $28.1M | 0.02% |
155,512
+8,132
| +6% | +$1.47M |
|
553
Plug Power
PLUG
$1.64B
| $28.1M | 0.02% |
827,473
+42,978
| +5% | +$1.46M |
|
554
United Airlines
UAL
$34.8B
| $28M | 0.02% |
647,222
+26,262
| +4% | +$1.14M |
|
555
Graco
GGG
$14B
| $28M | 0.02% |
386,605
+8,570
| +2% | +$620K |
|
556
RPM International
RPM
$16B
| $28M | 0.02% |
307,915
+12,283
| +4% | +$1.12M |
|
557
International Flavors & Fragrances
IFF
$16.5B
| $27.9M | 0.02% |
256,632
+12,280
| +5% | +$1.34M |
|
558
Medical Properties Trust
MPW
$2.79B
| $27.9M | 0.02% |
1,281,341
+78,740
| +7% | +$1.72M |
|
559
Lamb Weston
LW
$7.73B
| $27.8M | 0.02% |
353,399
-183,104
| -34% | -$14.4M |
|
|
CXO
560
DELISTED
CONCHO RESOURCES INC.
CXO
| $27.7M | 0.02% |
474,396
+29,112
| +7% | +$1.7M |
|
561
Nordson
NDSN
$12.5B
| $27.7M | 0.02% |
137,634
+4,985
| +4% | +$1M |
|
562
Lumen
LUMN
$6.22B
| $27.6M | 0.02% |
2,829,640
+189,016
| +7% | +$1.84M |
|
563
Essential Utilities
WTRG
$10.7B
| $27.6M | 0.02% |
582,948
+67,905
| +13% | +$3.21M |
|
564
JB Hunt Transport Services
JBHT
$13.2B
| $27.6M | 0.02% |
201,630
+9,099
| +5% | +$1.24M |
|
565
Howmet Aerospace
HWM
$73.7B
| $27.5M | 0.02% |
964,744
+48,904
| +5% | +$1.4M |
|
566
Vipshop
VIPS
$8.81B
| $27.5M | 0.02% |
976,546
-29,002
| -3% | -$815K |
|
567
Gen Digital
GEN
$18.2B
| $27.4M | 0.02% |
1,318,796
+6,772
| +0.5% | +$141K |
|
|
568
UDR
UDR
$12.7B
| $27.1M | 0.02% |
704,559
-1,688,153
| -71% | -$64.9M |
|
569
Cable One
CABO
$906M
| $26.8M | 0.02% |
12,046
-282
| -2% | -$628K |
|
570
Textron
TXT
$14.3B
| $26.8M | 0.02% |
554,486
+26,426
| +5% | +$1.28M |
|
571
Altice USA
ATUS
$1.1B
| $26.7M | 0.02% |
705,647
+8,460
| +1% | +$320K |
|
572
Lyft
LYFT
$7.84B
| $26.7M | 0.02% |
542,934
+36,134
| +7% | +$1.78M |
|
|
VMW
573
DELISTED
VMware, Inc
VMW
| $26.6M | 0.02% |
189,366
+8,411
| +5% | +$1.18M |
|
574
CenterPoint Energy
CNP
$24.6B
| $26.5M | 0.02% |
1,224,271
+5,731
| +0.5% | +$124K |
|
575
Chegg
CHGG
$181M
| $26.5M | 0.02% |
293,161
+15,789
| +6% | +$1.43M |
|